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Topic History of: Wealth
Max. showing the last 5 posts - (Last post first)
Author Message
Barney Ireland is the correct name (in English) for the country - to the south of the island, the republic.
Bookworm The whole of Ireland or ROI?
Barney Barney wrote:
most live in Hong Kong, Singapore, Switzerland and Cyprus

Live - in this context, is for tax purposes.

Abramovich, wherever his tax domicile is, spends most of his time on his many yachts.

Worth c$12 billion, he has a mansion (or 10) in Israel.

In the past he lived in the Kremlin.
Barney Ireland (I think) offers major tax incentive schemes, not only to rich people - but to movie production companies, authors, artists etc.

Billionaires like Philip Green (Next, et al) live in Monaco - with many more than RoI, I thought: they pay virtually no tax in the Monte Carlo environs.

The only real restriction to this residency arrangement - for a UK individual - is that they can only reside here for 91(?) days a year. With being hit with large financial penalties.
Honey Why so many in Ireland?
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